How To Fix 67_LOAN085 - Use the payoff business operation to create a new unscheduled repayment

67_LOAN085 - Overview

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 085

• Message text: Use the payoff business operation to create a new unscheduled repayment

What causes this issue?

The unscheduled repayment function has been completely replaced by the
payoff function. However unscheduled repayments that have already been
entered can still be concluded using the unscheduled repayment
function.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Call up the workplace for business operations. You need to use the new
Payoff function.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

67_LOAN085 - Details

• The SAP error message 67_LOAN085 indicates that there is an issue related to the processing of a loan repayment. Specifically, it suggests that the system expects you to use the "payoff" business operation to create a new unscheduled repayment for a loan.
  
  Cause:
  This error typically occurs when:
  
  You are trying to process an unscheduled repayment for a loan, but the system requires that you first perform a payoff operation.
  The loan is in a state that does not allow for the type of repayment you are attempting to execute.
  There may be configuration settings in the loan management module that dictate how repayments should be processed.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Use the Payoff Business Operation:
  
  Navigate to the loan management module in SAP.
  Select the option to perform a "payoff" operation for the loan in question. This operation typically involves settling the loan balance and closing the loan account.
  
  
  
  Check Loan Status:
  
  Ensure that the